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Does America Need A Strong Dollar Policy? episode artwork

Mar 22, 2013 52 min

Does America Need A Strong Dollar Policy?

from Open to Debate Hosted by Open to Debate

It’s often taken for granted that America needs a strong dollar. When the value of the U.S. dollar is strong relative to other currencies, it becomes attractive to investors and allows Americans to buy foreign goods and services cheaply. But in times of recession, are we better off with a weak dollar that stimulates U.S. manufacturing by making our goods cheaper and more competitive? Or will the loss of purchasing power and currency manipulation abroad, offset the potential gains?

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This episode was published on March 22, 2013.

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